Tiong Seng clinched $132.4m contract from Mapletree Industrial Trust

For the construction of a new industrial facility.

Tiong Seng Holdings has been awarded a $132.4 million contract by Mapletree Industrial Trust to construct a new industrial facility in Telok Blangah Industrial Estate at Depot Road.

The project comprises the erection of two blocks of 8 and 11-storey industrial buildings. The development will include facilities for manufacturing, product and software development as well as a supporting office space.

Construction for the industrial facility is set to commence in November 2014.This also updates Tiong Seng’s order book to S$1.50 billion, with contracts to be completed by 2020.

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